Coursera Adds $20 Million in Venture Capital Funding

With Friday's announcement that it had raised another $20 million in venture capital funding, the massive open online course provider Coursera's Series B round has reached $63 million in total. The company pegged that number at $43 million as recently as July. GSV Capital, Learn Capital and three universities that produce Coursera courses supplied the additional funding. The $20 million will be invested in "ongoing technological developments, strategic partnerships and the build-out of Coursera's product and recruiting teams," according to a news release.